Argonaut's Norris: Why Greece is staying put

GREEK ELECTIONS

clock

A Greek exit from the euro is unlikely, whatever the outcome of this weekend's elections, according to Barry Norris, co-founder of investment boutique Argonaut.

In Greece this weekend the electorate goes to the polls. There are 300 seats, of which 151 are needed to form a government. The leading party gets a boost of 50 seats. In the run up to the election, support has become polarised between New Democracy and Syriza. There are three possible outcomes: 1. A New Democracy led coalition (Samaras as PM) 2. A Syriza led coalition (Tsipras as PM) 3. No party is able to form a government and further elections are scheduled How do New Democracy and Syriza differ in their policies? Both parties agree that Greece should stay in the euro (as d...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

US election triggers $49bn in equity inflows while UK Budget barely moves retail market

US election triggers $49bn in equity inflows while UK Budget barely moves retail market

Lion’s share in US large cap

Eve Maddock-Jones
clock 26 November 2024 • 3 min read
Event Voice: Artemis' Cormac Weldon on the US

Event Voice: Artemis' Cormac Weldon on the US

Cormac Weldon looks into US markets.

Cormac Weldon, Head of US equities, Artemis Fund Managers
clock 18 November 2024 • 5 min read
Autumn Budget 24: Chancellor Reeves sets 20% IHT rate on AIM shares

Autumn Budget 24: Chancellor Reeves sets 20% IHT rate on AIM shares

Inheritance tax reform

Cristian Angeloni
clock 30 October 2024 • 1 min read
Trustpilot